YEREVAN, May 11. /ARKA/. German Commerzbank approved banking guarantee in the sphere of funding of trade in the amount of about 700 million drams.

“This is the first case when respectable European organization approves guarantee in national currency which evidences the increase of AMD in financial affairs.

Ameriabank intends to continue active cooperation with international structures and trade operations.

CJSC “Ameriabank” (former “Armimpexbank” renamed in May 2008) was established in July 1992 on the basis of Armenian branch of Vnesheconombank USSR. It received license of CB Armenia for banking activity on September 8, 1992.

In August 2007 the shares of the Bnak were obtained by the company “T-D-A Holdings Limited” affiliate of the largest investment-banking company of Russia the group “Troyka Dialog”. ($1 – 372.74 drams).–0–